OREANDA-NEWS. August 04, 2011. Home Credit & Finance Bank (“HCFB”), rated Moody’s Ba3, S&P B+, Fitch BB-, has appointed six banks to act as Mandated Lead Arrangers and Bookrunners for Syndicated Term Loan Facility, reported the press-centre of HCFB.

After the successful placement of both domestic bond and Eurobond issues earlier this year we would like to thank our counterparties for their support in this transaction which will be the landmark bank syndicated loan facility deal in Russia in 2011.

Ivan Svitek, HCFB Chairman of the Management Board

The Syndicated Term Loan Facility will be arranged by six banks acting as Mandated Lead Arrangers and Bookrunners: Credit Agricole CIB, Gazprombank, HSBC Bank, JSC VTB Bank, Raiffeisenbank - also acting as a Facility Agent, and Rosbank (Societe Generale Group) - also acting as Coordinator and Documentation Agent.

The 1-year Facility will be provided in two tranches (USD and RUR) with the 1-year extension option. The Facility will be used to finance HCFB's continuing expansion and to support further portfolio growth. The transaction is scheduled to be closed early August 2011.